PXF amount more than met for Metinvest

Lenders have jumped at the chance to lend to Ukrainian metals firm Metinvest’s pre-export finance facility. The deal is still in documentation but is expected to sign soon for more than $500m, after launching into general syndication at $300m in January.

11 Mar 2013

Theres been a huge take-up from the market, said a loans banker, adding that the deal size is somewhere around the middle of $500m and $600m.